Housing Authority of the City of Austin · 12 hours ago
Asset Manager 03-26
Austin,TX,US
Full-time
Hybrid
Senior Level
$85K/yr - $100K/yr
7+ years expThe Housing Authority of the City of Austin (HACA) is a national leader in providing safe, healthy, and affordable housing options for the Austin community. They are seeking a dynamic and experienced Asset Manager – Acquisitions to oversee a growing portfolio of multifamily residential properties, focusing on driving asset performance and managing key relationships with partners and property management companies.
Real EstateReal Estate InvestmentResidential
Responsibilities
Oversee the performance of affordable multifamily assets, including physical operations, leasing, and financial results
Review property financial statements, budgets, and forecasts to identify risks, opportunities, and performance trends
Track asset performance against budgets, pro formas, and market benchmarks
Develop and maintain financial models to project returns, distributions, and capital events
Monitor loan covenants and financing compliance
Monitor multifamily and affordable housing market trends, submarket conditions, and competitive properties to inform asset strategies and positioning
Provide guidance on leasing and marketing strategies, including pricing, concessions, absorption goals, and branding initiatives
Maximize asset value through operational efficiencies and strategic capital planning
Conduct site visits to stabilized and transitioning properties to assess physical condition, operational performance, and on-site team effectiveness
Maintain availability outside of normal business hours to address urgent issues and support crisis management as needed
Collaborate closely with property management teams and joint venture ownership to ensure transparency, alignment, and accountability
Partner with joint venture asset management teams to deliver timely, accurate reporting and analysis
Promote a culture of innovation, collaboration, performance excellence, and customer service across internal and external partners
Qualification
Required
Minimum of seven (7) years of experience in residential asset management, with a strong focus on affordable multifamily housing
Austin market experience required
Demonstrated expertise in financial modeling, leasing strategy, budgeting, forecasting, and investment analysis
Experience managing assets within joint ventures and working with third-party property management companies
Ability to interpret and apply real estate agreements, including leases, loan documents, and partnership agreements
Bachelor's degree required
Preferred
MBA or related graduate degree preferred
Advanced proficiency in Microsoft Excel; experience with RealPage, ResMan, and Yardi is a plus
Strong written and verbal communication skills, with the ability to clearly present strategies, recommendations, and decisions to internal and external stakeholders
Proven leadership experience, including managing teams and direct reports
Ability to prioritize multiple assignments and consistently meet deadlines in a fast-paced environment
Benefits
Paid sick leave, annual leave, birthday leave & federal holidays
100% of employee health insurance premiums paid by the agency
Supplemental health, dental, vision, and life insurance options for employees and family
Employee Assistance Program
Hybrid work schedule available
Company
Housing Authority of the City of Austin
Housing Authority of the City of Austin provides affordable Housing services.
201-500 employees
Funding
Current Stage
Growth StageLeadership Team
Thomas Cherian, CPA,CGMA
Vice President & CFO
Sylvia Blanco
Chief Operating Officer
Recent News
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